Form 8-K

8-K — RE/MAX Holdings, Inc.

Accession: 0001104659-26-092004

Filed: 2026-08-06

Period: 2026-08-06

CIK: 0001581091

SIC: 6531 (REAL ESTATE AGENTS & MANAGERS (FOR OTHERS))

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — tm2622438d1_8k.htm (Primary)

EX-99.1 — EXHIBIT 99.1 (tm2622438d1_ex99-1.htm)

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8-K (Primary)

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0001581091

2026-08-06

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

CURRENT REPORT

Pursuant to Section 13

or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event

reported): August 6, 2026

RE/MAX

Holdings, Inc.

(Exact

name of registrant as specified in its charter)

Delaware

001-36101

80-0937145

(State

or other jurisdiction of

incorporation

or organization)

(Commission

File

Number)

(IRS

Employer

Identification

No.)

5075

South Syracuse Street

Denver,

Colorado 80237

(Address of principal executive offices, including

Zip code)

(303)

770-5531

(Registrant’s telephone number, including

area code)

Check the appropriate box below if the Form 8-K

filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written

communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting

material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement

communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement

communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of Each Exchange on Which Registered

Class

A Common Stock $0.0001 par value per share

RMAX

New

York Stock Exchange

Indicate by check mark whether the registrant is

an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2

of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 2.02. Results of Operations and Financial

Conditions. *

On August 6, 2026, RE/MAX Holdings, Inc. (the

“Company”) issued a press release announcing its financial results for the quarter ended June 30, 2026. The full text of the

press release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.

The Company is also disclosing that it may

use the remaxholdings.com, investors.remaxholdings.com, remax.com, remax.ca, mottomortgage.com, and wemlo.io websites as means of disclosing

material non-public information and for complying with its disclosure obligations under Regulation FD.

Item 9.01. Financial Statements and Exhibits. *

Exhibit No.

Description

99.1

Press release issued on August 6, 2026

104

Cover Page Interactive Data File (formatted as inline XBRL)

* The

information contained in Items 2.02 and 9.01 and Exhibit 99.1 of this Current Report on Form 8-K is being “furnished”

and shall not be deemed “filed” for purpose of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange

Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any registration

statement or other filings of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be set forth

by specific reference in such filing.

SIGNATURES

Pursuant to the requirements of the Securities

Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

RE/MAX

HOLDINGS, INC.

Date:

August 6, 2026

By:

/s/

Karri Callahan

Karri

Callahan

Chief

Financial Officer

EX-99.1 — EXHIBIT 99.1

EX-99.1

Filename: tm2622438d1_ex99-1.htm · Sequence: 2

Exhibit 99.1

RE/MAX HOLDINGS, INC.

REPORTS SECOND QUARTER

2026 RESULTS

Total Second Quarter

Revenue of $68.5 Million, Adjusted EBITDA of $22.9 Million

DENVER, August 6,

2026

Second Quarter 2026

Highlights

(Compared to second

quarter 2025 unless otherwise noted)

§ Total Revenue decreased 5.8% to $68.5 million

§ Revenue excluding the Marketing Funds1

decreased 5.1% to $51.7 million, driven by a negative organic revenue growth2 of 5.1% and flat foreign currency movements

§ Net loss attributable to RE/MAX Holdings, Inc.

of $4.3 million and loss per diluted share (GAAP EPS) of $0.20

§ Adjusted EBITDA3 decreased 12.6% to

$22.9 million, Adjusted EBITDA margin3 of 33.5% and Adjusted earnings per diluted share (Adjusted EPS3) of $0.32

§ Total agent count increased 1.5% to 149,267 agents

§ U.S. and Canada combined agent count decreased

2.2% to 72,968 agents

Transaction with The

Real Brokerage Inc.

On April 26, 2026, RE/MAX Holdings, Inc. (the

“Company” or “RE/MAX Holdings”) (NYSE: RMAX) entered into a definitive Arrangement Agreement and Plan of Merger

(as may be amended, modified or supplemented from time to time) (the “Merger Agreement”) with The Real Brokerage Inc. ("Real"),

under which Real will acquire RE/MAX Holdings to create a leading technology-enabled global real estate platform named Real REMAX Group

Inc. (the “Merger”). Under the terms of the Merger Agreement, RE/MAX Holdings shareholders will have the right to elect to

receive 5.154 shares of Real REMAX Group Inc. or $13.80 in cash for each RE/MAX Holdings share, subject to proration such that

the aggregate cash proceeds to RE/MAX Holdings shareholders in the transaction will be no less than $60 million and no greater than $80

million. Real shareholders will receive 1 share of Real REMAX Group Inc. for each Real share.5 The transaction is expected

to close in the second half of 2026, subject to customary closing conditions, including approval by the shareholders of both companies

at their respective special meetings to be held on August 14, 2026.

In light of the Merger, the Company is not hosting a quarterly earnings

call and does not expect to do so for future quarters. In addition, the Company does not intend to provide quarterly or annual guidance

while the

transaction is pending.

For additional information regarding the Merger,

please see the Company’s filings with the Securities and Exchange Commission, including the Definitive Proxy Statement filed on

July 9, 2026.

RE/MAX Holdings, Inc. – Second Quarter 2026 Page 1 of 18

Second Quarter 2026 Operating Results

Agent Count

The following table compares

agent count as of June 30, 2026 and 2025:

As of June 30,

Change

2026

2025

U.S.

47,170

49,669

(2,499 )

(5.0 )

Canada

25,798

24,966

832

3.3

Subtotal

72,968

74,635

(1,667 )

(2.2 )

Outside the U.S. & Canada

76,299

72,438

3,861

5.3

Total

149,267

147,073

2,194

1.5

Revenue

RE/MAX Holdings generated

revenue of $68.5 million in the second quarter of 2026, a decrease of $4.3 million, or 5.8%, compared to $72.8 million in the second quarter

of 2025. Revenue excluding the Marketing Funds was $51.7 million in the second quarter of 2026, a decrease of $2.8 million, or 5.1%, versus

the same period in 2025. The decrease in Revenue excluding the Marketing Funds was attributable to a decline in organic revenue of 5.1%,

and flat foreign currency movements. The decline in organic revenue was driven mainly by modifications to the Company’s standard

fee models, including the Aspire and Ascend programs, a decrease in U.S. agent count and lower Mortgage segment revenue, partially offset

by an increase in Broker fees primarily from increases in average transactions per agent and average home sale prices in the U.S.

Recurring revenue streams,

which consist of continuing franchise fees and annual dues, decreased $3.6 million, or 9.9%, compared to the second quarter of 2025 and

accounted for 63.9% of Revenue excluding the Marketing Funds in the second quarter of 2026 compared to 67.3% in the prior-year period.

Operating Expenses

Total operating expenses

were $67.0 million for the second quarter of 2026, an increase of $8.3 million, or 14.1%, compared to $58.7 million in the second quarter

of 2025. Second quarter 2026 total operating expenses increased primarily due to an increase in transaction costs related to the Merger,

partially offset by a decrease in Selling operating and administrative expenses, Marketing Funds expenses, and Depreciation and Amortization

expenses.

Selling, operating and

administrative expenses were $32.9 million in the second quarter of 2026, a decrease of $1.0 million, or 3.0%, compared to the second

quarter of 2025 and represented 63.6% of Revenue excluding the Marketing Funds, compared to 62.2% in the prior-year period. Second quarter

2026 Selling, operating and administrative expenses decreased due to lower personnel expenses, partially offset by higher investments

in technology and our flagship websites.

Net Income (loss)

and GAAP EPS

Net loss attributable to RE/MAX Holdings, Inc.

was $4.3 million for the second quarter of 2026 compared to net income of $4.7 million for the second quarter of 2025. Reported basic

and diluted GAAP loss per share were $0.20 each for the second quarter of 2026 compared to basic and diluted GAAP earnings per share were

$0.23 each for the second quarter of 2025.

RE/MAX Holdings, Inc. – Second Quarter 2026 Page 2 of 18

Adjusted EBITDA and

Adjusted EPS

Adjusted EBITDA was $22.9

million for the second quarter of 2026, a decrease of $3.3 million, or 12.6%, compared to the second quarter of 2025. Second quarter 2026

Adjusted EBITDA decreased due to lower total revenue driven by modifications to the Company’s standard fee models, including the

Aspire and Ascend programs, a reduction in U.S. agent count, and higher investments in technology; partially offset by an increase in

Broker fees. Adjusted EBITDA margin was 33.5% in the second quarter of 2026, compared to 36.1% in the second quarter of 2025.

Adjusted basic and diluted

EPS were $0.32 each for the second quarter of 2026 compared to Adjusted basic and diluted EPS of $0.39 each for the second quarter of

2025. The ownership structure used to calculate Adjusted basic and diluted EPS for the quarter ended June 30, 2026, assumes RE/MAX Holdings

owned 100% of RMCO, LLC (“RMCO”). The weighted average ownership RE/MAX Holdings had in RMCO was 62.9% for the quarter ended

June 30, 2026.

Balance Sheet

As of June 30, 2026,

the Company had cash and cash equivalents of $112.4 million, a decrease of $6.3 million from December 31, 2025. As of June 30, 2026, the

Company had $435.0 million of outstanding debt, net of an unamortized debt discount and issuance costs, compared to $436.8 million as

of December 31, 2025.

Basis of Presentation

Unless otherwise noted, the results presented

in this press release are consolidated and exclude adjustments attributable to the non-controlling interest.

Footnotes:

1Revenue excluding

the Marketing Funds is a non-GAAP measure of financial performance that differs from U.S. Generally Accepted Accounting Principles (“U.S.

GAAP”) and a reconciliation to the most directly comparable U.S. GAAP measure is as follows (in thousands):

Three Months Ended

Six Months Ended

June 30,

2026

2025

2026

2025

Revenue excluding the Marketing Funds:

Total revenue

$ 68,510

$ 72,750

$ 138,738

$ 147,217

Less: Marketing Funds fees

16,787

18,273

33,653

37,137

Revenue excluding the Marketing Funds

$ 51,723

$ 54,477

$ 105,085

$ 110,080

2The Company

defines organic revenue growth as revenue growth from continuing operations excluding (i) revenue from Marketing Funds, (ii) revenue from

acquisitions, and (iii) the impact of foreign currency movements. The Company defines revenue from acquisitions as the revenue generated

from the date of an acquisition to its second anniversary (excluding Marketing Funds revenue related to acquisitions where applicable).

3Adjusted

EBITDA, Adjusted EBITDA margin and Adjusted EPS are non-GAAP measures. These terms are defined at the end of this release. Please see

Tables 5 and 6 appearing later in this release for reconciliations of these non-GAAP measures to the most directly comparable GAAP measures.

4To be adjusted

to reflect 10-for-1 share consolidation of Real shares immediately prior to closing.

5Following

a 10-for-1 consolidation of Real’s shares.

# # #

RE/MAX Holdings, Inc. – Second Quarter 2026 Page 3 of 18

About RE/MAX Holdings, Inc.

RE/MAX Holdings, Inc. (NYSE: RMAX) is one of the

world’s leading franchisors in the real estate industry, franchising real estate brokerages globally under the REMAX®

brand, and mortgage brokerages within the U.S. under the Motto® Mortgage brand. REMAX was founded in 1973 by Dave and Gail

Liniger, with an innovative, entrepreneurial culture affording its agents and franchisees the flexibility to operate their businesses

with great independence. Now with more than 145,000 agents in nearly 8,500 offices and a presence in more than 120 countries and territories,

nobody in the world sells more real estate than REMAX, as measured by total residential transaction sides. Dedicated to innovation and

change in the real estate industry, RE/MAX Holdings launched Motto Franchising, LLC, a ground-breaking mortgage brokerage franchisor,

in 2016. Motto Mortgage, the first and only national mortgage brokerage franchise brand in the U.S., has offices across more than 40 states.

RE/MAX Holdings, Inc. – Second Quarter 2026 Page 4 of 18

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions

of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are often identified by the use of words

such as “believe,” “intend,” “expect,” “estimate,” “plan,” “outlook,”

“project,” “anticipate,” “may,” “will,” “would” and other similar words and

expressions that predict or indicate future events or trends that are not statements of historical matters. Forward-looking statements

include statements related to agent count; Motto open offices; franchise sales; revenue; the Company’s statements regarding the

proposed merger transaction and anticipated benefits of the Merger including the Company’s expectations of no longer providing guidance

or conducting quarterly earnings calls while the merger transaction is pending; housing and mortgage market conditions; the Company’s

commitment to innovation and delivering an elevated experience; enhancing our value proposition; our profitability and margin performance

exceeding expectations; our new Marketing Studio (formerly known as “Marketing as a Service (MaaS)”) platform and economic

models and the impact thereof; our strengthened leadership team; the completion of the Merger and the expected timeline; and the ability

to satisfy all closing conditions, including the receipt of required approvals for the Merger. Forward-looking statements should not be

read as a guarantee of future performance or results and will not necessarily accurately indicate the times at which such performance

or results may be achieved. Forward-looking statements are based on information available at the time those statements are made and/or

management’s good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could

cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. These

risks and uncertainties include, without limitation, (1) changes in the real estate market or interest rates and availability of financing,

(2) changes in business and economic activity in general, including enacted and proposed tariffs and other trade policies which could

impact the global economy, (3) the Company’s ability to attract and retain quality franchisees, (4) the Company’s franchisees’

ability to recruit and retain real estate agents and mortgage loan originators, (5) changes in laws and regulations, (6) the Company’s

ability to enhance, market, and protect its brands, (7) the Company’s ability to implement its technology initiatives, (8) risks

related to recent changes in the Company’s leadership team, (9) fluctuations in foreign currency exchange rates, (10) Real’s

and RE/MAX Holdings’ ability to consummate the Merger on the expected timeline or at all, (11) Real’s and RE/MAX Holdings’

ability to obtain the necessary regulatory approvals in a timely manner and the risk that such approvals are not obtained or are obtained

subject to conditions that are not anticipated, (12) Real’s or RE/MAX Holdings’ ability to obtain approval of their shareholders,

(13) the risk that a condition of closing of the Merger may not be satisfied or that the closing of the Merger might otherwise not occur,

(14) the occurrence of any event, change or other circumstance or condition that could give rise to the termination of the merger agreement,

including in circumstances requiring Real or RE/MAX Holdings to pay a termination fee, (15) the diversion of management time on Merger-related

issues; risks related to disruption from the Merger, including disruption of management time from current plans and ongoing business operations

due to the Merger and integration matters, (16) the risk that the Merger and its announcement could have an adverse effect on Real’s

and RE/MAX Holdings’ ability to retain agents, franchisees and personnel or that there could be potential adverse reactions or changes

to business relationships resulting from the announcement or completion of the Merger, (17) unexpected costs, charges or expenses resulting

from the Merger, (18) potential litigation relating to the Merger that could be instituted against the parties to the merger agreement

or their respective directors, managers or officers, including the effects of any outcomes related thereto, (19) the ability of the combined

company to achieve the synergies and other anticipated benefits expected from the Merger or such synergies and other anticipated benefits

taking longer to realize than anticipated, (20) the ability of the combined company to achieve the expected leverage or such leverage

taking longer to realize than anticipated, (21) Real’s ability to integrate RE/MAX Holdings promptly and effectively, (22) anticipated

tax treatment, unforeseen liabilities, future capital expenditures, economic performance, future prospects and business and management

strategies for the management, expansion and growth of the combined company’s operations, (23) certain restrictions during the pendency

of the Merger that may impact Real’s or RE/MAX Holdings’ ability to pursue certain business opportunities or strategic transactions

or otherwise operate their respective businesses, and (24) other risk factors detailed from time to time in Real’s and RE/MAX Holdings’

reports filed with the U.S. Securities and Exchange Commission (“SEC”) and Real’s reports filed with Canadian securities

regulators, including Real’s annual report on Form 40-F, current reports on Form 6-K and other documents filed with the SEC, and

RE/MAX Holdings’ annual report on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and other documents filed

with the SEC and Real’s audited annual financial statements and annual management’s discussion and analysis for the financial

year ended December 31, 2025 and Annual Information Form dated March 4, 2026 filed with Canadian securities regulators, including documents

that will be filed with the SEC and Canadian securities regulators in connection with the Merger.

RE/MAX Holdings, Inc. – Second Quarter 2026 Page 5 of 18

These risks, as well

as other risks associated with the Merger, are more fully discussed in the proxy statement/prospectus that is included in the Registration

Statement and the Real management information circular that were filed with the SEC and Canadian securities regulators, as applicable,

in connection with the Merger. While the list of factors presented here is, and the list of factors to be presented in the Registration

Statement will be, considered representative, no such list should be considered to be a complete statement of all potential risks and

uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements/forward-looking

information. You should not place undue reliance on any of these forward-looking statements/forward-looking information as they are not

guarantees of future performance or outcomes; actual performance and outcomes, including, without limitation, Real’s or RE/MAX Holdings’

actual results of operations, financial condition and liquidity, and the development of new markets or market segments in which Real or

RE/MAX Holdings operate, may differ materially from those made in or suggested by the forward-looking statements/forward-looking information

contained in this press release. Neither Real nor RE/MAX Holdings assumes any obligation to publicly provide revisions or updates to any

forward-looking statements/forward-looking information, whether as a result of new information, future developments or otherwise, should

circumstances change, except as otherwise required by securities and other applicable laws. Neither future distribution of this press

release nor the continued availability of this press release in archive form on Real’s or RE/MAX Holdings’ website should

be deemed to constitute an update or re-affirmation of these statements as of any future date.

Important Information

and Where to Find It

In connection with the

Merger, Real and RE/MAX Holdings have filed relevant materials with the SEC and Canadian securities regulators, as applicable, including

a management information circular of Real and a registration statement on Form S-4 (the “Registration Statement”) that includes

a proxy statement of RE/MAX Holdings and prospectus of Real REMAX Group Inc. Real’s management information circular was mailed to

securityholders of Real and the proxy statement/prospectus was mailed to shareholders of each of RE/MAX Holdings and Real, in each case

seeking their respective approval of the Merger and other related matters. This press release is not a substitute for the Registration

Statement, the proxy statement/prospectus, the Real management information circular or any other document that Real or RE/MAX Holdings

(as applicable) may file with the SEC and Canadian securities regulators, as applicable, in connection with the Merger.

BEFORE MAKING ANY VOTING

OR INVESTMENT DECISION, INVESTORS AND SECURITY HOLDERS OF REAL AND RE/MAX HOLDINGS ARE URGED TO READ THE REGISTRATION STATEMENT, THE REAL

MANAGEMENT CIRCULAR, THE PROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS THAT ARE FILED OR WILL BE FILED WITH THE SEC AND

CANADIAN SECURITIES REGULATORS, AS APPLICABLE, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY

WHEN THEY BECOME AVAILABLE BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT THE MERGER AND RELATED MATTERS.

RE/MAX Holdings, Inc. – Second Quarter 2026 Page 6 of 18

Investors and security

holders may obtain free copies of the Registration Statement, the Real management information circular and the proxy statement/prospectus

(when they become available), as well as other filings containing important information about Real or RE/MAX Holdings, without charge

at the SEC’s Internet website (http://www.sec.gov) and under Real’s profile on SEDAR+ at www.sedarplus.ca, as applicable.

Copies of the documents filed with the SEC and the Canadian securities regulators by Real will be available free of charge on Real’s

internet website at https://investors.onereal.com or by contacting Real’s investor relations contact at investors@therealbrokerage.com.

Copies of the documents filed with the SEC by RE/MAX Holdings will be available free of charge on RE/MAX Holdings’ internet website

at https://investors.remaxholdings.com or by contacting RE/MAX Holdings’ investor relations contact at investorrelations@remax.com.

The information included on, or accessible through, Real’s website or RE/MAX Holdings’ website is not incorporated by reference

into this press release or Real’s and RE/MAX Holdings’ respective filings with the SEC and Canadian securities regulators,

as applicable.

Participants in the

Solicitation

Real, RE/MAX Holdings,

their respective directors and certain of their respective executive officers may be deemed to be participants in the solicitation of

proxies in respect of the Merger. Information about the directors and executive officers of Real is set forth in its management information

circular for its 2026 annual meeting of shareholders, which was filed with the Canadian securities regulators on April 24, 2026 (the “Real

Annual Meeting Circular”) and in its Form 6-K, which was filed with the SEC on April 24, 2026. Please refer to the sections captioned

“Election of Directors,” “Statement of Corporate Governance Practices,” and “Compensation Discussion and

Analysis” in the Real Annual Meeting Circular. To the extent holdings of such participants in Real’s securities have changed

since the amounts described in the Real Annual Meeting Circular, such changes have been reflected on a Notice of Proposed Sale of Securities

pursuant to Rule 144 under the U.S. Securities Act on Form 144 filed with the SEC and in insider reports filed with the Canadian securities

regulators on SEDI at https://wwww.sedi.ca. Information about the directors and executive officers of RE/MAX Holdings is set forth in

its proxy statement for its 2025 annual meeting of stockholders, which was filed with the SEC on April 3, 2025 (the “RE/MAX Holdings

Annual Meeting Proxy Statement”) and in its Form 8-K, which was filed with the SEC on May 20, 2025. Please refer to the sections

captioned “Corporate Governance,” “Director Compensation,” “Information about Executive Officers,”

“Compensation Discussion and Analysis,” “Stock Ownership of Certain Beneficial Owners and Management,” and “Certain

Relationships and Related Party Transactions” in the RE/MAX Holdings Annual Meeting Proxy Statement. To the extent holdings of such

participants in RE/MAX Holdings’ securities have changed since the amounts described in the RE/MAX Holdings Annual Meeting Proxy

Statement, such changes have been reflected on Initial Statements of Beneficial Ownership on Form 3 or Statements of Change in Ownership

on Form 4 filed with the SEC, which are available at https://www.sec.gov/edgar/browse/?CIK=1581091&owner=exclude under the tab “Ownership

Disclosures.” Other information regarding the participants in the proxy solicitations and a description of their direct and indirect

interests, by security holdings or otherwise, are included in the joint proxy statement/prospectus and management information circular

and other relevant materials to be filed with or furnished to the SEC and Canadian securities regulators, as applicable, regarding the

proposed transaction. These documents can be obtained free of charge from the sources indicated above. Additional information regarding

the participants in the proxy solicitations and a description of their direct or indirect interests, by security holdings or otherwise,

will be contained in the Registration Statement, the Real management circular and the proxy statement/prospectus and the other relevant

materials filed with the SEC and Canadian securities regulators, as applicable, when they become available.

No Offer or Solicitation

This press release is

for informational purposes only and is not intended to, and shall not, constitute an offer to sell or the solicitation of an offer to

buy any securities or a solicitation of any vote or approval, nor shall there be any offer, solicitation or sale of securities in any

jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws

of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section

10 of the U.S. Securities Act and otherwise in accordance with applicable Canadian securities laws.

Investor Contact:

Media Contact:

Joe Schwartz

Terri Baumann

joe.schwartz@remax.com

tbaumann@remax.com

RE/MAX Holdings, Inc. – Second Quarter 2026 Page 7 of 18

TABLE 1

RE/MAX Holdings, Inc.

Consolidated Statements

of Income (Loss)

(In thousands, except

share and per share amounts)

(Unaudited)

Three Months Ended

Six Months Ended

June 30,

2026

2025

2026

2025

Revenue:

Continuing franchise fees

$ 25,693

$ 28,992

$ 51,484

$ 58,343

Annual dues

7,360

7,693

14,918

15,482

Broker fees

14,118

13,454

26,729

24,885

Marketing Funds fees

16,787

18,273

33,653

37,137

Franchise sales and other revenue

4,552

4,338

11,954

11,370

Total revenue

68,510

72,750

138,738

147,217

Operating expenses:

Selling, operating and administrative expenses

32,882

33,888

76,862

76,916

Marketing Funds expenses

16,787

18,273

33,653

37,137

Depreciation and amortization

5,870

6,601

11,745

13,190

Merger transaction costs

11,455

—

14,286

—

Settlement and impairment charges

—

(57 )

8,500

562

Total operating expenses

66,994

58,705

145,046

127,805

Operating income (loss)

1,516

14,045

(6,308 )

19,412

Other expenses, net:

Interest expense

(7,169 )

(7,982 )

(14,327 )

(15,906 )

Interest income

802

841

1,676

1,749

Foreign currency transaction gains (losses)

(356 )

(43 )

(340 )

240

Total other expenses, net

(6,723 )

(7,184 )

(12,991 )

(13,917 )

Income (loss) before provision for income taxes

(5,207 )

6,861

(19,299 )

5,495

Provision for income taxes

(1,557 )

(163 )

(3,174 )

(2,033 )

Net income (loss)

$ (6,764 )

$ 6,698

$ (22,473 )

$ 3,462

Less: net income (loss) attributable to non-controlling interest

(2,469 )

2,013

(8,437 )

735

Net income (loss) attributable to RE/MAX Holdings, Inc.

$ (4,295 )

$ 4,685

$ (14,036 )

$ 2,727

Net income (loss) attributable to RE/MAX Holdings, Inc. per

share of Class A common stock

Basic

$ (0.20 )

$ 0.23

$ (0.67 )

$ 0.14

Diluted

$ (0.20 )

$ 0.23

$ (0.67 )

$ 0.14

Weighted average shares of Class A common stock outstanding

Basic

21,284,638

19,967,508

20,888,134

19,629,859

Diluted

21,284,638

20,174,365

20,888,134

20,052,596

RE/MAX Holdings, Inc. – Second Quarter 2026 Page 8 of 18

TABLE 2

RE/MAX Holdings, Inc.

Consolidated Balance

Sheets

(In thousands, except

share and per share amounts)

(Unaudited)

June 30,

December 31,

2026

2025

Assets

Current assets:

Cash and cash equivalents

$ 112,396

$ 118,736

Restricted cash

71,687

74,332

Accounts and notes receivable, net of allowances

30,702

26,944

Income taxes receivable

8,105

8,188

Other current assets

12,726

11,940

Total current assets

235,616

240,140

Property and equipment, net of accumulated depreciation

5,518

5,996

Operating lease right of use assets

10,645

12,608

Franchise agreements, net

59,272

67,080

Other intangible assets, net

11,193

10,774

Goodwill

237,902

239,572

Other assets, net of current portion

7,280

6,305

Total assets

$ 567,426

$ 582,475

Liabilities and stockholders' equity (deficit)

Current liabilities:

Accounts payable

$ 3,682

$ 3,986

Accrued liabilities

112,690

100,927

Income taxes payable

552

105

Deferred revenue

21,653

21,391

Debt

4,600

Payable pursuant to tax receivable agreements

219

1,542

Operating lease liabilities

9,663

9,217

Total current liabilities

153,059

141,768

Debt, net of current portion

430,448

432,151

Deferred tax liabilities

7,758

8,193

Deferred revenue, net of current portion

11,429

12,859

Operating lease liabilities, net of current portion

9,195

13,514

Other liabilities, net of current portion

2,425

2,978

Total liabilities

614,314

611,463

Commitments and contingencies

Stockholders' equity (deficit):

Class A common stock, par value $.0001 per share, 180,000,000 shares authorized; 21,317,742 and 20,095,180 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively

Class B common stock, par value $.0001 per share, 1,000 shares authorized; 1 share issued and outstanding as of June 30, 2026 and December 31, 2025, respectively

—

Additional paid-in capital

585,644

578,429

Accumulated deficit

(140,210 )

(126,072 )

Accumulated other comprehensive income (deficit), net of tax

(1,509 )

Total stockholders' equity attributable to RE/MAX Holdings, Inc.

443,927

452,413

Non-controlling interest

(490,815 )

(481,401 )

Total stockholders' equity (deficit)

(46,888 )

(28,988 )

Total liabilities and stockholders' equity (deficit)

$ 567,426

$ 582,475

RE/MAX Holdings, Inc. – Second Quarter 2026 Page 9 of 18

TABLE 3

RE/MAX Holdings, Inc.

Consolidated Statements

of Cash Flows

(In thousands)

(Unaudited)

Six Months Ended

June 30,

2026

2025

Cash flows from operating activities:

Net income (loss)

$ (22,473 )

$ 3,462

Adjustments to reconcile net income (loss) to operating cash flows:

Depreciation and amortization

11,745

13,190

Equity-based compensation expense

9,278

9,314

Bad debt expense

1,561

1,966

Deferred income tax expense (benefit)

(304 )

(143 )

Fair value adjustments to contingent consideration

(33 )

Settlement and impairment charges

8,500

562

Debt charges

470

427

Other, net

576

240

Changes in operating assets and liabilities

(4,992 )

(18,821 )

Net cash provided by operating activities

4,328

10,213

Cash flows from investing activities:

Purchases of property, equipment and capitalization of software

(5,082 )

(3,307 )

Net cash used in investing activities

(5,082 )

(3,307 )

Cash flows from financing activities:

Payments on debt

(2,300 )

Dividends and dividend equivalents paid to Class A common stockholders

(103 )

(330 )

Payments related to tax withholding for share-based compensation

(3,588 )

(4,343 )

Payment of contingent consideration

(742 )

(791 )

Other financing

(36 )

(30 )

Net cash used in financing activities

(6,769 )

(7,794 )

Effect of exchange rate changes on cash

(1,462 )

1,393

Net (decrease) increase in cash, cash equivalents and restricted cash

(8,985 )

505

Cash, cash equivalents and restricted cash, beginning of period

193,068

169,287

Cash, cash equivalents and restricted cash, end of period

$ 184,083

$ 169,792

RE/MAX Holdings, Inc. – Second Quarter 2026 Page 10 of 18

TABLE 4

RE/MAX Holdings, Inc.

Agent Count

(Unaudited)

June 30,

March 31,

December 31,

September

30,

June 30,

March 31,

December 31,

September

30,

June 30,

2026

2025

2024

Agent Count:

U.S.

Company-Owned

Regions

41,240

41,468

41,998

42,935

43,363

43,543

44,911

46,283

46,780

Independent

Regions

5,930

5,975

6,167

6,243

6,306

6,311

6,375

6,525

6,626

U.S.

Total

47,170

47,443

48,165

49,178

49,669

49,854

51,286

52,808

53,406

Canada

Company-Owned

Regions

20,782

20,780

19,803

20,045

20,060

20,227

20,311

20,515

20,347

Independent

Regions

5,016

5,069

5,009

4,975

4,906

4,929

4,860

4,878

4,846

Canada

Total

25,798

25,849

24,812

25,020

24,966

25,156

25,171

25,393

25,193

U.S.

and Canada Total

72,968

73,292

72,977

74,198

74,635

75,010

76,457

78,201

78,599

Outside U.S.

and Canada

Independent

Regions

76,299

75,900

75,683

73,349

72,438

71,116

70,170

67,282

64,943

Outside

U.S. and Canada Total

76,299

75,900

75,683

73,349

72,438

71,116

70,170

67,282

64,943

Total

149,267

149,192

148,660

147,547

147,073

146,126

146,627

145,483

143,542

RE/MAX Holdings, Inc. – Second Quarter 2026 Page 11 of 18

TABLE 5

RE/MAX Holdings, Inc.

Adjusted EBITDA Reconciliation to Net Income

(Loss)

(In thousands, except

percentages)

(Unaudited)

Three Months Ended

Six Months Ended

June 30,

2026

2025

2026

2025

Net income (loss)

$ (6,764 )

$ 6,698

$ (22,473 )

$ 3,462

Depreciation and amortization

5,870

6,601

11,745

13,190

Interest expense

7,169

7,982

14,327

15,906

Interest income

(802 )

(841 )

(1,676 )

(1,749 )

Provision for income taxes

1,557

163

3,174

2,033

EBITDA

7,030

20,603

5,097

32,842

Settlement and impairment charges (1)

—

(57 )

8,500

562

Equity-based compensation expense

3,962

2,968

9,278

9,314

Merger transaction costs (2)

11,455

—

14,286

—

Fair value adjustments to contingent consideration (3)

(100 )

(33 )

Restructuring charges (4)

371

2,840

347

2,737

Other adjustments (5)

231

1,031

Adjusted EBITDA (6)

$ 22,949

$ 26,266

$ 38,506

$ 45,553

Adjusted EBITDA Margin (6)

33.5 %

36.1 %

27.8 %

30.9 %

(1) For the six months ended June 30, 2026, represents the settlement of an industry class-action lawsuit. During the six months ended

June 30, 2025, represents the settlement of an immaterial legal matter and an immaterial impairment recognized on an office lease in Canada.

(2) Represents transaction-related expenses incurred in connection with the Merger which primarily consist of legal, advisory, and other

professional service fees.

(3) Fair value adjustments to contingent consideration include amounts recognized for changes in the estimated fair value of the contingent

consideration liabilities.

(4) During the second quarter of 2026 and 2025, the Company restructured its support services intended to further enhance the overall

customer experience.

(5) Other adjustments are primarily disposition and acquisition-related expenses and losses on disposal of assets for the three and six

months ended June 30, 2026.

(6) Non-GAAP measure. See the end of this press release for definitions of non-GAAP measures.

RE/MAX Holdings, Inc. – Second Quarter 2026 Page 12 of 18

TABLE 6

RE/MAX Holdings, Inc.

Adjusted Net Income (Loss) and Adjusted Earnings

per Share

(In thousands, except

share and per share amounts)

(Unaudited)

Three Months Ended

Six Months Ended

June 30,

2026

2025

2026

2025

Net income (loss)

$ (6,764 )

$ 6,698

$ (22,473 )

$ 3,462

Amortization of acquired intangible assets

3,834

4,416

7,678

8,800

Provision for income taxes

1,557

163

3,174

2,033

Add-backs:

Settlement and impairment charges (1)

—

(57 )

8,500

562

Equity-based compensation expense

3,962

2,968

9,278

9,314

Merger transaction costs (2)

11,455

—

14,286

—

Fair value adjustments to contingent consideration (3)

(100 )

(33 )

Restructuring charges (4)

371

2,840

347

2,737

Other adjustments (5)

231

1,031

Adjusted pre-tax net income

14,546

16,940

21,788

27,006

Less: Provision for income taxes at 25% (6)

(3,636 )

(4,235 )

(5,447 )

(6,752 )

Adjusted net income (7)

$ 10,910

$ 12,705

$ 16,341

$ 20,254

Total basic pro forma shares outstanding

33,844,238

32,527,108

33,447,734

32,189,459

Total diluted pro forma shares outstanding

33,844,238

32,733,965

33,447,734

32,612,196

Adjusted net income basic earnings per share (7)

$ 0.32

$ 0.39

$ 0.49

$ 0.63

Adjusted net income diluted earnings per share (7)

$ 0.32

$ 0.39

$ 0.49

$ 0.62

(1) For the six months ended June 30, 2026, represents the settlement of an industry class-action lawsuit. During the six months ended

June 30, 2025, represents the settlement of an immaterial legal matter and an immaterial impairment recognized on an office lease in Canada.

(2) Represents transaction-related expenses incurred in connection with the Merger which primarily consist of legal, advisory, and other

professional service fees.

(3) Fair value adjustments to contingent consideration include amounts recognized for changes in the estimated fair value of the contingent

consideration liabilities.

(4) During the second quarter of 2026 and 2025, the Company restructured its support services intended to further enhance the overall

customer experience.

(5) Other adjustments are primarily disposition and acquisition-related expenses and losses on disposal of assets for the three and six

months ended June 30, 2026.

(6) The long-term tax rate assumes the exchange of all outstanding non-controlling interest partnership units for Class A Common Stock

that (a) removes the impact of unusual, non-recurring tax matters and (b) does not estimate the residual impacts to foreign taxes of additional

step-ups in tax basis from an exchange because that is dependent on stock prices at the time of such exchange and the calculation is impracticable.

(7) Non-GAAP measure. See the end of this press release for definitions of non-GAAP measures.

RE/MAX Holdings, Inc. – Second Quarter 2026 Page 13 of 18

TABLE 7

RE/MAX Holdings, Inc.

Pro Forma Shares Outstanding

(Unaudited)

Three Months Ended

Six Months Ended

June 30,

2026

2025

2026

2025

Total basic weighted average shares outstanding:

Weighted average shares of Class A common stock outstanding

21,284,638

19,967,508

20,888,134

19,629,859

Remaining equivalent weighted average shares of stock outstanding on a pro forma basis assuming RE/MAX Holdings owned 100% of RMCO

12,559,600

Total basic pro forma weighted average shares outstanding

33,844,238

32,527,108

33,447,734

32,189,459

Total diluted weighted average shares outstanding:

Weighted average shares of Class A common stock outstanding

21,284,638

19,967,508

20,888,134

19,629,859

Remaining equivalent weighted average shares of stock outstanding on a pro forma basis assuming RE/MAX Holdings owned 100% of RMCO

12,559,600

Dilutive effect of unvested restricted stock units (1)

—

206,857

—

422,737

Total diluted pro forma weighted average shares outstanding

33,844,238

32,733,965

33,447,734

32,612,196

(1) In accordance with the treasury stock method.

RE/MAX Holdings, Inc. – Second Quarter 2026 Page 14 of 18

TABLE 8

RE/MAX Holdings, Inc.

Adjusted Free Cash Flow & Unencumbered Cash

(Unaudited)

Six Months Ended

June 30,

2026

2025

Cash flow from operations

$ 4,328

$ 10,213

Less: Purchases of property, equipment and capitalization of software

(5,082 )

(3,307 )

(Increases) decreases in restricted cash of the Marketing Funds (1)

4,145

2,889

Adjusted free cash flow (2)

3,391

9,795

Adjusted free cash flow (2)

3,391

9,795

Less: Tax/Other non-dividend distributions to RIHI

—

Adjusted free cash flow after tax/non-dividend distributions to RIHI (2)

3,391

9,795

Adjusted free cash flow after tax/non-dividend distributions to RIHI (2)

3,391

9,795

Less: Debt principal payments

(2,300 )

Unencumbered cash generated (2)

$ 1,091

$ 7,495

Summary

Cash flow from operations

$ 4,328

$ 10,213

Adjusted free cash flow (2)

$ 3,391

$ 9,795

Adjusted free cash flow after tax/non-dividend distributions to RIHI (2)

$ 3,391

$ 9,795

Unencumbered cash generated (2)

$ 1,091

$ 7,495

Adjusted EBITDA (2)

$ 38,506

$ 45,553

Adjusted free cash flow as % of Adjusted EBITDA (2)

8.8 %

21.5 %

Adjusted free cash flow less distributions to RIHI as % of Adjusted EBITDA (2)

8.8 %

21.5 %

Unencumbered cash generated as % of Adjusted EBITDA (2)

2.8 %

16.5 %

(1) This line reflects any subsequent changes in the restricted cash balance (which under GAAP reflects as either (a) an increase or decrease

in cash flow from operations or (b) an incremental amount of purchases of property and equipment and capitalization of developed software)

to remove the impact of changes in restricted cash in determining adjusted free cash flow.

(2) Non-GAAP measure. See the end of this press release for definitions of non-GAAP measures.

RE/MAX Holdings, Inc. – Second Quarter 2026 Page 15 of 18

Non-GAAP Financial Measures

The SEC has adopted rules to regulate the use

in filings with the SEC and in public disclosures of financial measures that are not in accordance with U.S. GAAP, such as Revenue excluding

the Marketing Funds, Adjusted EBITDA and the ratios related thereto, Adjusted net income (loss), Adjusted basic and diluted earnings per

share (Adjusted EPS) and adjusted free cash flow. These measures are derived based on methodologies other than in accordance with U.S.

GAAP.

Revenue excluding the Marketing Funds is calculated

directly from our consolidated financial statements as Total revenue less Marketing Funds fees.

The Company defines Adjusted EBITDA as EBITDA

(consolidated net income before depreciation and amortization, interest expense, interest income and the provision for income taxes, each

of which is presented in the unaudited consolidated financial statements included earlier in this press release), adjusted for the impact

of the following items that are either non-cash or that the Company does not consider representative of its ongoing operating performance:

loss or gain on sale or disposition of assets, settlement and impairment charges, equity-based compensation expense, acquisition-related

expense, gain on reduction in tax receivable agreement liability, expense or income related to changes in the estimated fair value measurement

of contingent consideration, restructuring charges transaction costs related to the Merger and other non-recurring items. Adjusted EBITDA

margin represents Adjusted EBITDA as a percentage of revenue.

Because Adjusted EBITDA and Adjusted EBITDA margin

omit certain non-cash items and other non-recurring cash charges or other items, the Company believes that each measure is less susceptible

to variances that affect its operating performance resulting from depreciation, amortization and other non-cash and non-recurring cash

charges or other items. The Company presents Adjusted EBITDA and the related Adjusted EBITDA margin because the Company believes they

are useful as supplemental measures in evaluating the performance of its operating businesses and provides greater transparency into the

Company’s results of operations. The Company’s management uses Adjusted EBITDA and Adjusted EBITDA margin as factors in evaluating

the performance of the business.

Adjusted EBITDA and Adjusted EBITDA margin have

limitations as analytical tools, and you should not consider these measures in isolation or as a substitute for analyzing the Company’s

results as reported under U.S. GAAP. Some of these limitations are:

· these measures do not reflect changes in, or

cash requirements for, the Company’s working capital needs;

· these measures do not reflect the Company’s

interest expense, or the cash requirements necessary to service interest or principal payments on its debt;

· these measures do not reflect the Company’s

income tax expense or the cash requirements to pay its taxes;

RE/MAX Holdings, Inc. – Second Quarter 2026 Page 16 of 18

· these measures do not reflect the cash requirements

to pay dividends to stockholders of the Company’s Class A common stock and tax and other cash distributions to its non-controlling

unitholders;

· these measures do not reflect the cash requirements

pursuant to the tax receivable agreements;

· these measures do not reflect the cash requirements

for share repurchases;

· these measures do not reflect the cash requirements

for the settlements of certain industry class-action lawsuits and other legal settlements;

· although depreciation and amortization are non-cash

charges, the assets being depreciated and amortized will often require replacement in the future, and these measures do not reflect any

cash requirements for such replacements;

· although equity-based compensation is a non-cash

charge, the issuance of equity-based awards may have a dilutive impact on earnings per share; and

· other companies may calculate these measures

differently so similarly named measures may not be comparable.

Adjusted net income (loss) is calculated as Net

income (loss) attributable to RE/MAX Holdings, assuming the full exchange of all outstanding non-controlling interests for shares of Class

A common stock as of the beginning of the period (and the related increase to the provision for income taxes after such exchange), plus

primarily non-cash items and other items that management does not consider to be useful in assessing the Company’s operating performance

(e.g., amortization of acquired intangible assets, gain on sale or disposition of assets, non-cash impairment charges, acquisition-related

expense, restructuring charges and equity-based compensation expense).

Adjusted basic and diluted earnings per share

(Adjusted EPS) are calculated as Adjusted net income (loss) (as defined above) divided by pro forma (assuming the full exchange of all

outstanding non-controlling interests) basic and diluted weighted average shares, as applicable.

When used in conjunction with GAAP financial measures,

Adjusted net income (loss) and Adjusted EPS are supplemental measures of operating performance that management believes are useful measures

to evaluate the Company’s performance relative to the performance of its competitors as well as performance period over period.

By assuming the full exchange of all outstanding non-controlling interests, management believes these measures:

· facilitate comparisons with other companies that

do not have a low effective tax rate driven by a non-controlling interest on a pass-through entity;

· facilitate period over period comparisons because

they eliminate the effect of changes in Net income attributable to RE/MAX Holdings, Inc. driven by increases in its ownership of RMCO,

LLC, which are unrelated to the Company’s operating performance; and

· eliminate primarily non-cash and other items

that management does not consider to be useful in assessing the Company’s operating performance.

RE/MAX Holdings, Inc. – Second Quarter 2026 Page 17 of 18

Adjusted free cash flow is calculated as cash

flows from operations less capital expenditures and any changes in restricted cash of the Marketing Funds, all as reported under GAAP,

and quantifies how much cash a company has to pursue opportunities that enhance shareholder value. The restricted cash of the Marketing

Funds is limited in use for the benefit of franchisees and any impact to adjusted free cash flow is removed. The Company believes adjusted

free cash flow is useful to investors as a supplemental measure as it calculates the cash flow available for working capital needs, re-investment

opportunities, potential Independent Region and strategic acquisitions, dividend payments or other strategic uses of cash.

Adjusted free cash flow after tax and non-dividend

distributions to RIHI, Inc. (“RIHI”), an entity majority owned and controlled by David Liniger, our Chairman and Co-Founder,

and by Gail Liniger, our Vice Chair Emerita and Co-Founder, is calculated as adjusted free cash flow less tax and other non-dividend distributions

paid to RIHI (the non-controlling interest holder) to enable RIHI to satisfy its income tax obligations. Similar payments would be made

by the Company directly to federal and state taxing authorities as a component of the Company’s consolidated provision for income

taxes if a full exchange of non-controlling interests occurred in the future. As a result and given the significance of the Company’s

ongoing tax and non-dividend distribution obligations to its non-controlling interest, adjusted free cash flow after tax and non-dividend

distributions, when used in conjunction with GAAP financial measures, provides a meaningful view of cash flow available to the Company

to pursue opportunities that enhance shareholder value.

Unencumbered cash generated is calculated as adjusted

free cash flow after tax and non-dividend distributions to RIHI less quarterly debt principal payments less annual excess cash flow payment

on debt, as applicable. Given the significance of the Company’s excess cash flow payment on debt, when applicable, unencumbered

cash generated, when used in conjunction with GAAP financial measures, provides a meaningful view of the cash flow available to the Company

to pursue opportunities that enhance shareholder value after considering its debt service obligations.

RE/MAX Holdings, Inc. – Second Quarter 2026 Page 18 of 18

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Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

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- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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- Definition

Local phone number for entity.

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No definition available.

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

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- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

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- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

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- Definition

Trading symbol of an instrument as listed on an exchange.

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No definition available.

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

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